Fiscal Policy under Indeterminacy and Tax Evasion

This paper shows under indeterminacy and tax evasion, an increase in corporate, labor or income tax rates pushes the economy into an expansionary pattern. These effects are reversed when the steady state is saddle-path stable

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Year of publication:	[2008]
Authors:	Busato, Francesco
Other Persons:	Chiarini, Bruno (contributor) ; Marchetti, Enrico (contributor)
Publisher:	[2008]: [S.l.] : SSRN
Subject:	Finanzpolitik \| Fiscal policy \| Steuervermeidung \| Tax avoidance \| Theorie \| Theory \| Sunspots \| Dynamisches Gleichgewicht \| Dynamic equilibrium \| Schattenwirtschaft \| Underground economy

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Extent:	1 Online-Ressource (25 p)
Series:	Aarhus University Economics Paper ; No. 2005-09
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 30, 2005 erstellt
Other identifiers:	10.2139/ssrn.1147604 [DOI]
Classification:	E32 - Business Fluctuations; Cycles ; E13 - Neoclassical ; E26 - Informal Economy; Underground Economy ; O40 - Economic Growth and Aggregate Productivity. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012724017